Why is Sanmit Infra falling/rising?

As of 17-Sep, Sanmit Infra Ltd's stock price is currently at 9.70, reflecting an increase of 0.19 or 2.0%. The stock has shown a positive performance today, outperforming its sector by 1.48%. However, it is important to note that while the stock is higher than its 5-day and 20-day moving averages, it remains below its 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 55.22% compared to the 5-day average. Over the past week, the stock has gained 3.52%, although it has experienced a substantial decline of 25.38% year-to-date and 31.79% over the past year, indicating a challenging longer-term trend.
In the broader market context, the Sensex has increased by 1.56% over the past week, which suggests that while Sanmit Infra is performing better than its recent historical performance, it is still lagging behind the benchmark in terms of year-to-date returns, where the Sensex has gained 5.83%. The stock's recent rise may be attributed to short-term trading dynamics rather than a fundamental turnaround, as indicated by the falling investor participation and the overall negative performance over longer periods. The lack of available positive or negative factors further complicates the assessment of the stock's future trajectory.